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Salah's net income for the year ended December 31, Year 2 was $196,000. Information from Salah's comparative balance sheets is given below. Compute the cash

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Salah's net income for the year ended December 31, Year 2 was $196,000. Information from Salah's comparative balance sheets is given below. Compute the cash paid for dividends during Year 2 At December 31 Common Stock, $5 par value Paid-in capital in excess of par Retained earnings Year 2 Year 1 $511,000 $459,900 959,000 862,900 699,000 591,900 Multiple Choice $96,100. O O $88.900 $51100 $147,200 $107100 17 of 36 O SAMSUNG re to search

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